Alberta · Bankruptcy

First Meeting of Creditor's Package

Meeting materials · 22 January 2025

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing1 verified

financial positionnote: Assets consist solely of real property or immovables at 315,460.00; all other asset lines are 0.00. Liabilities: secured creditors 315,460.00, preferred creditors 0.00, unsecured creditors 109,565.00, contingent/trust claims 0.00. The form also shows a deficiency figure of -109,565.00 beneath total assets and a 'Surplus' line of 109,565.00 (apparently the unsecured shortfall; the form's own labelling is inconsistent). Date is the date of the bankruptcy stated in the form's instructions. · as at: 2025-01-15 · basis: Statement of Affairs (Form 78) — totals 'as stated and estimated by bankrupt/debtor'; original (not amended) · scope: Entity: Kid Drop Inc. (corporate bankruptcy, Fort McMurray, Alberta) · currency: CAD · total assets: 315460 · total liabilities: 425025